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In its scorecard on the Dominican Republic, the IMF team that visited from 29 May to 13 May to hold the 2022 Article IV Consultation discussions concluded that the Dominican Republic has experienced a strong recovery from the pandemic, supported by well-sequenced policies, an agile reopening and global growth.

The IMF stated that the recovery allowed the authorities to take steps to secure policy sustainability, placing the country in a good position to face challenges from global developments. Likewise, the IMF states that ongoing and planned reforms have the potential to improve policy frameworks and foster inclusive growth over the medium term.

IMF team leader, Esteban Vesperoni issued the following statement:“The Dominican Republic’s dynamic economy continued to show remarkable resilience to global shocks. This was supported by sound policies, monetary policy support, a...

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